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Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while...
Persistent link: https://www.econbiz.de/10010269173
We document that trust in public institutions and particularly trust in banks, business and government has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …
Persistent link: https://www.econbiz.de/10010278438
We estimate the effect of legislative term limits on various categories of state government spending using the most … state government spending, but no significant positive effect on state education, health, transportation or welfare …
Persistent link: https://www.econbiz.de/10010282533
of labor market institutions and government intervention. In particular, technology change is induced by rigid wage … commodity prices, openness induces the government to subsidize technological innovation in the developed country because …
Persistent link: https://www.econbiz.de/10010262449
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of …. Our results indicate that entrepreneurial entry is inversely related to the size of the government, and more weakly to the … removed from the sample but unlike the size of government, the results on corruption are not confirmed by country-level fixed …
Persistent link: https://www.econbiz.de/10010272659
Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much weaker. A multimarket theory of optimal search suggests...
Persistent link: https://www.econbiz.de/10010274021
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10010274639
Immigration policy can have important net fiscal effects that vary by immigrants' skill level. But mainstream methods to estimate these effects are problematic. Methods based on cashflow accounting offer precision at the cost of bias; methods based on general equilibrium modeling address bias...
Persistent link: https://www.econbiz.de/10013426441
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014469531
reach precisely the tax rate preferred by the capitalists (induced by a very large political pressure on the government …
Persistent link: https://www.econbiz.de/10014469727